So, those that are focused on distribution and those that are focused on fan loyalty are also generating tons of revenue because they've created great products.”Pampati said that the trend is mainly influenced by their developer stack and what the Aptos platform offers, which focuses on broad consumer applications. Related: From digital identity to outer space: Projects push crypto use casesThe challenge of attracting the next million usersWhile Web2.5 applications address some of the user experience problems for crypto and Web3, Pampati said that one of the challenges in the space remains the onboarding of non-crypto natives to the industry. “I think the biggest challenge is trying to predict the next catalyst that pulls forward the next million, 10 million users into crypto.
Because of its Meta origins, he said Aptos has a developer stack focusing on abstracting friction away from Web3. Pampati described this as more of a Web2 user experience “without sacrificing Web3 principles.” The executive said platforms that followed such models found success within the ecosystem:“We see a lot of great consumer Web 2.5 platforms emerging.
While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.”In an interview at the Token20249 event in Dubai, Aptos’ head of ecosystem, Ash Pampati, told Cointelegraph that they see Web2.5 platforms earn “tons of revenue” within Aptos.
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Author / Journalist: Cointelegraph by Ezra Reguerra
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